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AI Boom Sustains Korea's Growth Despite Global Headwinds: IMF Official

The IMF said strong semiconductor exports and AI infrastructure demand lifted its outlook 0.7 percentage point from July.

Summary by The Korea Times
BANGKOK — Korea appears to be weathering global economic headwinds thanks to the artificial intelligence (AI) boom, with the technology investment cycle unlikely to lose steam in the near term, a senior official at the International Monetary Fund (IMF) has said. "Trade tensions among countries are putting negative pressure on the global economy," Choi Ji-young, executive director of the IMF Asia and the Pacific Constituency Office, said during a…

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(Bangkok=Yonhap News) Reporter Kim Soo-hyun = International Monetary Fund (IMF) Executive Director Choi Ji-young said, "While other countries are seeing their fiscal capacity shrink, only Korea (thanks to the semiconductor boom)..."

·Seoul, Korea (the Republic of)
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IMF Executive Director Choi Ji-young stated, "Among developed countries, Korea is the only one whose fiscal policy room is expanding," adding, "Within the IMF, Korea .

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Social News XYZ broke the news on Sunday, October 18, 2026.
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